In Focus
Myanmar's open door policy attracts Thai banks
Thai banks are eyeing to operate in Myanmar when the latter's policy of opening to international banks takes effect on 2015.
Myanmar's open door policy attracts Thai banks
Thai banks are eyeing to operate in Myanmar when the latter's policy of opening to international banks takes effect on 2015.
Gulf States a gold mine for China’s top bank
The Industrial and Commercial Bank of China's assets and lending double, thanks to the booming demand for trade financing.
Bank Islam Malaysia admits to tougher 2012
Challenges facing Malaysia’s first Islamic bank will dent its bottom line this year.
United Bank of India to open office in Myanmar
A more business friendly environment in Myanmar convinces the United Bank of India to do more business there.
Deutsche Bank in massive wholesale banking investment
Deutsche Bank AG has reinforced the success of its banking operations in India with an equally large investment in future growth.
Survival of the fittest for Vietnam’s weakest banks
Vietnam’s small and weak banks face a grave situation that will soon become worse.
India cuts banks’ reserve ratio to jolt flagging economy
The Reserve Bank of India surprised everyone by reducing the amount of deposits banks must set aside as reserves effective March 10.
Malaysian and Hong Kong banks to offer Islamic finance in China
Affin Holdings and Bank of East Asia expect their Islamic bank to become operational by 2H12.
Loans gush from top Chinese banks
The Big Four Chinese banks ramp up lending in an effort to stave off a further weakening of the Chinese economy.
More loans for Islamic SMEs from CIMB Bank
The Singapore unit of CIMB Bank is poised to expand its Islamic banking operations in a big way.
ANZ Bank receives retail RMB license
Australia and New Zealand Banking Group Ltd has become the first Australian bank fully licensed to offer a broad array of renminbi-related products and services to customers in China.
Vietnam acts to forestall banking crisis
A disconcerting jump in bad debts is forcing Vietnam to take measures to prop up the country’s banking industry.
India not that worried about banks’ NPAs—yet
The central bank says the rising level of non-performing assets isn’t too scary at the present time.
HSBC confident of strong growth in 2012-2013
Year 1 in a three-year strategy that should eventually see HSBC become the world’s leading international bank seems to have gotten off to a galloping start.
India wants far stronger banks
The tough liquidity ratios that allowed India’s banking system to withstand the worst of The Great Recession will get even tougher.
BEA shows its appetite for dim sum bonds
Bank of East Asia Ltd, Hong Kong’s largest independent local bank and third largest bank, expects to issue up to one billion in dim sum bonds this year.
ANZ cuts jobs to preserve bottom line
Despite a Q1 performance it described as “solid with good results,” ANZ will axe over 1,000 more jobs in anticipation of a worsening of the malaise affecting world banking.
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